A Wall Street journal blog post today talks about using garbage as a measure
of consumption and ties this to the stock market. Garbage is a measure of how
much we consume. When we are doing well, we create a lot of waste and
when the economy is struggling, garbage drops.
Unlike other measures of consumption, garbage, it turns out, is very volatile and highly correlated with stocks, explaining why historically stocks have
yielded such high returns. So it seems like if the stock market is down, garbage is also down. And that should be a good thing, ecologically, although probably little consolation for those of you out there without a job.
Here's the link:
http://blogs.wsj.com/...